|Day Low/High||59.20 / 64.75|
|52 Wk Low/High||35.00 / 89.54|
The Holy Grail right now are the few companies thriving and that will keep going after this is over, but there are others who will rebound and some who will not.
The Point and Figure chart of the cybersecurity company projects its shares could shoot considerably higher.
Here are a number of things that I'm watching now.
Wait until we see a test of support or a breakout above (or failed test of) resistance before making a move.
The question is how far down and how long the selling lasts.
The market impact of the virus for U.S. investors has been seen in more pronounced fashion in Treasury markets.
Monday brought more record highs for the broader equity indices. As a trader, the feeling is so eerie. I'm not kidding.
The NYSE used to be the center of capitalism, but now it's where actual engineering, not financial engineering, is taking place.
While enterprise software firms are still generally reporting good top-line numbers, the group remains in multiple-compression mode -- for now.
The purpose is not to shake you out, although it can feel like that; here's what's really going on.
Plus, checking in on the yield curve, the Put/Call Ratio, political gamesmanship here and abroad, and a handful of tech names.
Does it tick the President off that it appears the Chinese would rather not give up in writing any unfair advantages in global trade that they have enjoyed for decades this close to a national election in the U.S.? Of course.
Zscaler has made a three-month pattern that can support higher prices in the near future.
Enterprise spending on IT security remains strong, and a recent CIO survey suggests this spending could help during a recession.
Trading volume in the cybersecurity company's shares was very heavy on their recent decline following a period of aggressive buying.
GDP and corporate earnings trends are not favorable and increasingly indicate slowing economies here and abroad.
A market repricing...which are the 'true' growth stocks now?
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
While the security tech giant expects aggressive spending to weigh on its near-term profits, it's also forecasting strong revenue and billings growth through fiscal 2022.
The cybersecurity name fired off some punches at the competition and picked up another bolt-on acquisition amid earnings.
What is clear is that both earnings and revenue growth, though still quite strong, are decelerating.
Here's why Okta could accelerate, and what could derail the optimism.
Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.
Evaluating the market and policy discussion ahead of Jackson Hole, and how I am playing Zscaler on this weakness.
Stocks to buy on this volatile global macro environment, and what needs to change to avoid a recession.
As is the case with CA, Broadcom wants to significantly cut the spending of Symantec's enterprise security unit and streamline its offerings. But the unit faces a tougher competitive environment than CA's core mainframe software business.
From Adobe to Zendesk, plenty of stocks will rise or fall regardless of what the central bank does.